US unemployment rate drops to 7.4 percent, but hours worked and wages drop slightly in July. Also this week in the economy: Stock market hits new record and tech world eyes Google's new hardware offerings
For the first time, fewer Americans subscribed to cable and satellite TV last year than did the year before, according to The Diffusion Group. Pay subscriptions peaked in 2011, and will continue to erode for years to come, according to TDG. Meanwhile, TV streaming has taken off, driven by sleek, inexpensive set-top boxes such as Google's Chromecast, Microsoft's Xbox 360, and Apple TV.Check out our list of alternatives to cable TV to see what all video-streaming hype is about.
Swimsuits and summer apparel are in. Kindles and HDTVs are out.